IHY Options History — May 2025

In May 2025, IHY traded between $21.24 and $22.02. ATM implied volatility averaged 24.3%, placing in the 14.8% IV rank vs the trailing year. The 30-day expected move averaged 4.8%. IV traded above realized volatility by 0.7% (HV 20d: 23.7%). Net GEX was positive for 14 of 21 trading days. Term structure was in contango for 4 of 21 days.

Notable Days

  • 2025-05-27: Highest Volume — 20 contracts
  • 2025-05-12: Largest IV spike — 263.1% change
  • 2025-05-12: Highest IV Rank — 42.2%
  • 2025-05-02: Largest Expected Move — 10.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.62$21.24$22.02$21.24$22.02
ATM IV24.3%10.2%55.8%12.7%28.0%
Expected Move4.8%2.7%10.9%3.7%8.0%
HV 20d23.7%20.8%29.0%29.0%25.7%
HV 60d24.8%22.7%26.4%22.7%26.1%
IV Rank14.8%2.5%42.2%4.7%18.0%
IV Percentile47.2%10.3%91.3%18.3%68.7%
Term Structure-5.0%-19.1%2.3%-1.9%-4.5%
Skew 25d-7.2%-27.4%5.3%-20.3%-6.0%
Skew 10d-0.5%-25.8%17.7%-25.8%0.0%
Call IV 25d26.5%9.8%62.8%37.0%16.9%
Put IV 25d19.3%11.0%50.0%16.7%11.0%
Bid-Ask Spread %146.65133.30156.47153.21136.43
Gamma HHI0.520.350.940.510.36
Net GEX687-4052.7K558-239
Net DEX-15.9K-29.3K14.3K-16.0K-2.8K
Net VEX-160-257-96-175-179
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.95202000
Total OI61.85759795979

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-05-01$21.24$0.0012.7%3.7%29.0%4.7%0.0%-20.3%-1.9%558-16.0K-1750.00153.21001940
2025-05-02$21.73$0.0038.0%10.9%25.9%26.6%0.0%-14.1%-18.2%-255-8.4K-2570.00145.60001940
2025-05-05$21.73$0.0047.8%7.0%20.8%35.2%0.0%-27.4%-12.9%975-25.4K-1320.00146.03001940
2025-05-06$21.25$0.0035.6%2.7%22.4%24.6%0.0%2.0%0.2%547-16.2K-1720.00154.71001940
2025-05-07$21.76$0.0037.2%3.3%22.6%26.0%0.0%-12.8%-0.7%920-25.9K-1250.00151.94001940
2025-05-08$21.25$0.0015.4%2.7%24.2%7.0%0.0%5.3%0.3%790-18.4K-1560.00144.50001940
2025-05-09$21.25$0.0015.4%2.7%24.2%7.0%0.0%1.4%2.3%889-19.4K-1460.00155.88001940
2025-05-12$21.74$0.0055.8%6.3%23.8%42.2%0.0%-13.7%-12.5%883-25.4K-1280.00148.04001940
2025-05-13$21.81$0.0050.2%3.8%22.9%37.3%0.0%-5.9%-4.9%-306-7.2K-2540.00147.22001940
2025-05-14$21.82$0.0010.7%3.1%22.9%2.9%0.0%0.0%-0.4%-125-13.8K-2150.00145.26001940
2025-05-15$21.80$0.0018.2%5.2%21.4%9.5%0.0%0.8%-3.8%956-26.8K-1140.00147.00001940
2025-05-16$21.84$0.0020.3%5.8%21.3%11.3%0.0%-4.7%-3.6%1.3K-29.3K-980.00150.10001940
2025-05-19$21.85$0.0013.0%3.7%21.3%4.9%0.0%2.1%-1.1%-238-12.3K-2240.00156.47001940
2025-05-20$21.40$0.0010.2%2.9%22.6%2.5%0.0%-8.9%-0.2%754-20.6K-1390.00149.29001940
2025-05-21$21.45$0.0014.0%4.0%22.6%5.8%0.0%-4.5%-7.6%1.7K-25.3K-960.00145.05001940
2025-05-22$21.34$0.0011.8%3.4%22.6%3.9%0.0%-13.1%-5.5%2.7K-24.4K-980.00135.43001940
2025-05-23$21.39$0.0021.1%6.1%22.6%12.0%0.0%-5.3%-19.1%1.2K-23.6K-1100.00145.88001940
2025-05-27$21.98$0.0018.9%5.4%24.7%10.1%0.0%-6.5%-5.3%-308-6.7K-2520.00133.710201940
2025-05-28$21.47$0.0010.3%3.0%26.1%2.6%0.0%-12.7%0.1%2.1K14.3K-1050.00133.30001960
2025-05-29$22.00$0.0026.2%7.5%27.5%16.4%0.0%0.4%-4.7%-405-906-1870.00154.58001960
2025-05-30$22.02$0.0028.0%8.0%25.7%18.0%0.0%-6.0%-4.5%-239-2.8K-1790.00136.43001960